This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $66,531 initial cash invested.
0.63%
Cash On Cash
7.51%
Cap Rate
1.1
DSCR
$2,518
Rent
$35
Cashflow
Cash Flow
$2,518 income − $2,483 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,531
Downpayment
20%
$46,220
Closing costs
1%
$2,311
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,518
Total Expenses
$2,483
Mortgage P&I
52%
$1,310
Property Taxes
9%
$232
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277